Backed by more than a century of experience, our active solutions are designed to help clients across the globe invest through changing markets. With the long term always in mind, we’re guided by these principles:
MFS pioneered active investing in 1924, and starting in 1970, became one of the first investment firms to actively trade bonds like any other security — providing another path to long-term value for fixed income investors.
EVOLUTION OF MFS ACTIVE FIXED INCOME
ScrollSwipe to explore
Bonds are typically bought and held
with investors collecting interest until bond’s maturity
Inflation significantly downgrades the value of bonds
and traditional buy-and-hold strategies
MFS hires one of the first portfolio managers to trade bonds actively
using credit and duration analysis, helping transform bond investing to better serve investors
MFS’ newly formed fixed income team includes one of the first women
in the bond investing industry and launches the first balanced fund, MFS® Total Return Fund.1
Standing at the forefront of bond innovation
the team launched MFS® Corporate Bond Fund, one of the earliest actively managed bond portfolios.1
MFS expands fixed income strategies globally
introducing the first global fixed income fund in the US, MFS® International Bond Fund.1
MFS expands fixed income strategies globally
introducing the first global fixed income fund in the US, MFS® International Bond Fund, and later launching MFS® Meridian Funds.
MFS integrates fixed income, equity, and quant teams
creating the unified global investment platform we have today.
Located across the globe, our 134 fixed income professionals
are integrated into a 327-member investment team.2
GLOBALFOOTPRINT
1970
Our history shows that we are an organization built to evolve with and for investors. Today, we continue to deliver the fixed income solutions our clients need.
A flexible and adaptable approach to risk allocation seeks to generate attractive long-term risk-adjusted returns. An integrated research approach that strives to identify inefficiencies in global fixed income markets.
The Trust aims to achieve a total return in excess of the Benchmark, before fees, taxes and expenses, over a full market cycle, by primarily investing in global Debt Instruments.
Katrina Uzun, Institutional Portfolio Manager, shares the team's thoughts on emerging markets and provides a quarterly update on the Emerging Markets Debt Strategy.
Fixed Income Under the Spotlight: Navigating the Fixed Income Valuation Conundrum
14 November 2025
Co-CIO of Fixed Income Pilar Gomez-Bravo shares her thoughts on uncovering opportunities in the face of macro uncertainty and valuation challenges, why spreads may be stretched and how to position portfolios.
Dollar Weakness Creates an Opportune Moment for Emerging Markets Debt
3 October 2025
In this EMD perspectives piece, we explore emerging market debt opportunities driven by a weaker U.S. dollar, improved fundamentals, and elevated yields, alongside key risks.
Equity Trustees Limited (“Equity Trustees”) (ABN 46 004 031 298), AFSL 240975, is the Responsible Entity for the Trusts. Equity Trustees is a subsidiary of EQT Holdings Limited (ABN 22 607 797 615), a publicly listed company on the Australian Securities Exchange (ASX: EQT). MFS International Australia Pty Ltd (“MFS Australia”) (ABN 68 607 579 537), AFSL 485343 is the Investment Manager for the Trust and is regulated by the Australian Securities and Investments Commission.
This material has been prepared by MFS Australia to provide you with general information only. In preparing this material, MFS Australia did not take into account the investment objectives, financial situation and particular needs of any particular person. It is not intended to take the place of professional advice and you should not take action on specific issues in reliance on this information. Neither MFS Australia, Equity Trustees nor any of their related parties, their employees or directors, provide any warranty of accuracy or reliability in relation to such information or accepts any liability to any person who relies on it. Investment involves risk. Past performance should not be taken as an indicator of future performance. You should consider the Product Disclosure Statement (“PDS”) before making a decision about whether to invest in this product. The PDS can be obtained by contacting MFS Australia or from www.mfs.com. The Trusts’ Target Market Determination is available by visiting www.eqt.com.au/insto. A Target Market Determination is a document which describes who this financial product is likely to be appropriate for (i.e. the target market), and any conditions around how the product can be distributed to investors. It also describes the events or circumstances where Equity Trustees may need to review the Target Market Determination for this financial product. Any securities and/or sectors mentioned herein are for illustration purposes and should not be construed as a recommendation for investment. The information contained herein may not be copied, reproduced or redistributed without the express consent of MFS Australia. While the information is believed to be accurate, it may be subject to change without notice. Except in so far as any liability under any law cannot be excluded, MFS Australia does not accept liability for any inaccuracy or for the investment decisions or any other actions taken by any person on the basis of the material included. MFS Australia does not authorise direct distribution to retail investors.
Unless otherwise indicated, logos, product and services names are trademarks of MFS and its affiliates and may be registered in certain countries.
Backed by more than a century of experience, our active solutions are designed to help clients across the globe invest through changing markets. With the long term always in mind, we’re guided by these principles:
MFS pioneered active investing in 1924, and starting in 1970, became one of the first investment firms to actively trade bonds like any other security — providing another path to long-term value for fixed income investors.
EVOLUTION OF MFS ACTIVE FIXED INCOME
ScrollSwipe to explore
Bonds are typically bought and held
with investors collecting interest until bond’s maturity
Inflation significantly downgrades the value of bonds
and traditional buy-and-hold strategies
MFS hires one of the first portfolio managers to trade bonds actively
using credit and duration analysis, helping transform bond investing to better serve investors
MFS’ newly formed fixed income team includes one of the first women
in the bond investing industry and launches the first balanced fund, MFS® Total Return Fund.1
Standing at the forefront of bond innovation
the team launched MFS® Corporate Bond Fund, one of the earliest actively managed bond portfolios.1
MFS expands fixed income strategies globally
introducing the first global fixed income fund in the US, MFS® International Bond Fund.1
MFS expands fixed income strategies globally
introducing the first global fixed income fund in the US, MFS® International Bond Fund, and later launching MFS® Meridian Funds.
MFS integrates fixed income, equity, and quant teams
creating the unified global investment platform we have today.
Located across the globe, our 134 fixed income professionals
are integrated into a 327-member investment team.2
GLOBALFOOTPRINT
1970
Our history shows that we are an organization built to evolve with and for investors. Today, we continue to deliver the fixed income solutions our clients need.
A flexible and adaptable approach to risk allocation seeks to generate attractive long-term risk-adjusted returns. An integrated research approach that strives to identify inefficiencies in global fixed income markets.
The Trust aims to achieve a total return in excess of the Benchmark, before fees, taxes and expenses, over a full market cycle, by primarily investing in global Debt Instruments.
Katrina Uzun, Institutional Portfolio Manager, shares the team's thoughts on emerging markets and provides a quarterly update on the Emerging Markets Debt Strategy.
Fixed Income Under the Spotlight: Navigating the Fixed Income Valuation Conundrum
14 November 2025
Co-CIO of Fixed Income Pilar Gomez-Bravo shares her thoughts on uncovering opportunities in the face of macro uncertainty and valuation challenges, why spreads may be stretched and how to position portfolios.
Dollar Weakness Creates an Opportune Moment for Emerging Markets Debt
3 October 2025
In this EMD perspectives piece, we explore emerging market debt opportunities driven by a weaker U.S. dollar, improved fundamentals, and elevated yields, alongside key risks.
Equity Trustees Limited (“Equity Trustees”) (ABN 46 004 031 298), AFSL 240975, is the Responsible Entity for the Trusts. Equity Trustees is a subsidiary of EQT Holdings Limited (ABN 22 607 797 615), a publicly listed company on the Australian Securities Exchange (ASX: EQT). MFS International Australia Pty Ltd (“MFS Australia”) (ABN 68 607 579 537), AFSL 485343 is the Investment Manager for the Trust and is regulated by the Australian Securities and Investments Commission.
This material has been prepared by MFS Australia to provide you with general information only. In preparing this material, MFS Australia did not take into account the investment objectives, financial situation and particular needs of any particular person. It is not intended to take the place of professional advice and you should not take action on specific issues in reliance on this information. Neither MFS Australia, Equity Trustees nor any of their related parties, their employees or directors, provide any warranty of accuracy or reliability in relation to such information or accepts any liability to any person who relies on it. Investment involves risk. Past performance should not be taken as an indicator of future performance. You should consider the Product Disclosure Statement (“PDS”) before making a decision about whether to invest in this product. The PDS can be obtained by contacting MFS Australia or from www.mfs.com. The Trusts’ Target Market Determination is available by visiting www.eqt.com.au/insto. A Target Market Determination is a document which describes who this financial product is likely to be appropriate for (i.e. the target market), and any conditions around how the product can be distributed to investors. It also describes the events or circumstances where Equity Trustees may need to review the Target Market Determination for this financial product. Any securities and/or sectors mentioned herein are for illustration purposes and should not be construed as a recommendation for investment. The information contained herein may not be copied, reproduced or redistributed without the express consent of MFS Australia. While the information is believed to be accurate, it may be subject to change without notice. Except in so far as any liability under any law cannot be excluded, MFS Australia does not accept liability for any inaccuracy or for the investment decisions or any other actions taken by any person on the basis of the material included. MFS Australia does not authorise direct distribution to retail investors.
Unless otherwise indicated, logos, product and services names are trademarks of MFS and its affiliates and may be registered in certain countries.